Thursday's News Links

[Yahoo/Bloomberg] U.S. Stocks Drop on Geopolitics, Fed: Markets Wrap

[Reuters] Stocks wobble on inflation concerns ahead of U.S. payrolls

[Yahoo/Bloomberg] Gold Retreats After Fed Stimulus Comments, Dollar Gains

[Reuters] Oil steady after sharp rise on improved demand picture

[CNBC] Companies hired nearly a million new workers in May, ADP says

[Reuters] U.S. weekly jobless claims drop below 400,000

[Dow Jones] Labor Shortage Draws Attention of U.S. Lawmakers

[AP] Drought Ravages Reservoirs Ahead of Hot Summer

[Reuters] China's services activity growth slows in May - Caixin PMI

[Yahoo/Bloomberg] Huarong Peers Tell Beijing They’re Worried About Dollar Funding

[Yahoo/Bloomberg] Chinese Consumers Escape Higher Prices as Factories Absorb Costs

[Reuters] Euro zone business growth soared in May as restrictions eased -PMI

[Reuters] Russian National Wealth Fund to abandon all assets in U.S. dollars

[Yahoo/Bloomberg] Battle Looms in Key Oil Market as Iran Aims to Seize Back Sales

[Yahoo/Bloomberg] Supply Chains Pressured in China as Ships Avoid Virus-Hit Port

[Bloomberg] Building a Home in the U.S. Has Never Been More Expensive

[Bloomberg] Global Home Prices Rise Most Since 2006, Fueling Bubble Concerns

[Bloomberg] Fed Exits the Credit Market It Changed Forever

[Bloomberg] Credit Bulls Back in Force as ECB Taper Fades Into the Distance

[NYT] Yellen Aims to Win Support for Global Tax Deal

[WSJ] DeFi Is Helping to Fuel the Crypto Market Boom—and Its Recent Volatility

[WSJ] Palantir and DoorDash CEOs Top List of Biggest Pay Packages in 2020

[WSJ] Chinese Property Bonds Are Hot, Defaults Aside

[FT] Global food prices post biggest jump in a decade

[FT] ‘Kind of crazy’: how the booming US used car market is driving inflation

[FT] ‘Draghi put’ holds Italy’s bond markets in thrall

[FT] Beijing quashes annual Hong Kong rally to mark Tiananmen massacre

Wednesday Evening Links

[Reuters] Wall St edges up ahead of key economic data, AMC soars 

[Yahoo/Bloomberg] Oil Advances With Optimism Growing Around Summer Demand Pick-Up

[Yahoo/Bloomberg] Fed’s Beige Book Reports Pickup in Recovery, Price Pressures

[Reuters] Amid hiring troubles, rising prices, U.S. growth gains speed -Fed

[Yahoo/Bloomberg] Fed Plans to Wind Down a Pandemic Corporate Credit Facility

[Reuters] Fed says it will start unwinding its corporate bond holdings

[Yahoo Finance] Fed officials ponder taper talk as economy bounces back

[Dow Jones] Real-Estate Sales Are Booming. The Rental Market Is Following Suit.

[CNBC] It could be a hot summer ahead for oil prices

[Yahoo Finance] The worst is yet to come for cyberattacks

[Bloomberg] Harker Says Fed Needs to Start Discussing Tapering Timeline

[Bloomberg] Meme Mania Rekindles Small-Trader Love Affair With Options

[Bloomberg] Luxury Home Sales Soar as U.S. Recovery Favors Wealthy Buyers

Wednesday Afternoon Links

[Reuters] Wall St rises ahead of key economic data this week; AMC soars

[Reuters] AMC shares surge more than 40% to fresh record

[Reuters] Fed's Harker says it's time to 'think about thinking about' tapering

[CNBC] Hedge fund assets soar to record high amid boom in trading profits

[Yahoo/Bloomberg] Hedge Funds Boost Short Bets, Escalating Retail-Trader Showdown

[Reuters] Germany backs central banks' view that inflation jump is temporary, Scholz says

[WSJ] The Economic Recovery Is Here. It’s Unlike Anything You’ve Seen.

[WSJ] Latin America Leads Revolt Against Free-Market Growth Model

[FT] Schauble: Europe’s social peace requires a return to fiscal discipline